Credit: 2019 kentoh/Shutterstock From Stagnant Wages to Mass Layoffs, Recruiters Ponder Worst- (and Best-) Case Scenarios of Inflated Hiring Market
"I don't see demand for legal services in the past couple years going forward," said one California-based recruiter. "[Firms will] have to trim the ranks and do whatever is necessary to maintain profitability."
March 16, 2022 at 11:07 AM
7 minute read
Recruitment and Staffing
Now that many Big Law firms have matched Cravath, Swaine & Moore's associate pay scale, announced late last month, numerous recruiters and legal industry leaders wonder what the result of inflated associate compensation will be if demand drops off from an unprecedented 2021.
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